In July 2019, HSBC’s annual expat survey ranked the Philippines as one of the best places to live and work in at 24th place – tailing the U.S. (23rd) and is ahead of China (26th).
Their economy is growing steadily, as there are a lot of opportunities for businesses and investments. According to Forbes, the Philippines’ per capita GDP reached an all-time high of US$3,063 in 2018 with a projected increase to US$3,277 in 2020.A study conducted by the McKinsey Global Institute confirms this by stating that the country is positioned to achieve sustained growth over the next decade.
With an economy like that, the Philippines is now, more than ever, catching the attention of expats and potential migrants. Along with this, we have listed seven other reasons why the Philippines is an ideal place to settle in.
7 Reasons to Move to the Philippines
1. Almost everything is cheap!
One of the best things that the Philippines has to offer is its low cost of living. Almost everything is cheap. From housing to transportation to education to food and supplies, by international standards, it is one of the least expensive countries to live in without compromising comfort and convenience.
2. English is one of their main languages.
For a non-native English speaking country, they do very well as far as communicating in English is concerned. While they do not have the perfect grammar and diction, they understand English very well and can easily communicate with foreigners.In fact, the country’s education system is promoting English as a secondary language that is necessary for its students to succeed in the workplace.
3. Filipinos are warm and friendly.
Filipinos are known all over the world for their warmth and hospitality among other things. They are generally friendly and cheerful. Even in the midst of national or personal tragedies, they are still able to smile and laugh. This is why they are some of the most resilient and endearing people in the world.
4. They have outstanding food and culture.
Filipinos have an interesting culture that is a mix of several different cultures brought about by years of Spanish, Japanese, and American colonialism. This has led to an interesting cultural mix of both western and eastern influences.
Filipinos, undoubtedly, love to cook and eat. Their food is one of the best in the world. From street food to snacks to main dishes, they make some of the most scrumptious dishes you will ever taste.
5. The weather is awesome.
The country has tropical weather made up of hot and wet seasons. While it is a country that gets its fair share of typhoons, the weather is generally pleasant for most of the year.The dry season is perfect for spending time at the beach (which they have lots of). And if the weather in the city becomes too humid for you, you can always hit the road and enjoy the nice cool weather of Baguio City or Tagaytay.
6. Internet connectivity is everywhere.
Internet is life for the modern Filipino. The Philippines is also known as the social media capital of the world. For this reason, internet access is a must. WIfi and cellular data are highly accessible almost anywhere in the country.
7. They have breathtaking natural attractions.
The Philippines is made up of 7,000-plus islands that host breathtaking natural sites that are unparalleled. From mountain ranges to beaches to coral reefs, the country has much to offer to the nature lover.
So what are you waiting for? Start looking for single attached homes for sale in the Philippines and enjoy the perks and benefits of living amongst Filipinos. You can also get yourself a condo if you want to be in the center of everything, from malls to offices.
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